29 April 2015
Mosman advises re Murchison project update
Mosman Oil and Gas has just made the attached announcement below in London.
Aorere Resources Limited holds approximately 10.1% of this AIM listed company, and our shareholding now has a present market value of NZD 1.07 million, based on the present market price of 5.25 pence.
As a result the undiluted net asset backing of an Aorere share (including all significant portfolio assets at market value) is now 0.26 cents. 61.6% of that value is represented by the Mosman shareholding.
Chris Castle, Managing Director
Aorere Resources Ltd
To read the resource report - click here